Baku, Azerbaijan, Dec. 25
By Azad Hasanli - Trend:
The Azerbaijani Tariff Council reconsidered the prices on 3,540 kinds of medications given the new exchange rate of manat December 25, the Tariff Council said.
The prices on 1,510 more medications, regulated by the state for the first time, were also approved at the meeting.
The new prices on 3,661 kinds of medications will come into effect from December 25, while the prices on 1,389 kinds of medications from February 25, 2016.
"Thus, the prices on 21 percent of medications, regulated by the state, have reduced by more than twofold compared to their current value, while the prices on 9 percent of medications - by more than threefold despite the exchange rate of manat since early 2015," the statement said. "In general, the prices on 60 percent of medications reduced, while the prices on 40 percent of medications increased by 30 percent taking into account the exchange rate."
The medication prices greatly reduced - twofold and threefold and in some cases by 5-10 times before the exchange rate of the manat was changed. Even in case of their reconsideration in accordance with the new exchange rate, the prices are still cheaper than before the state regulation of medications.